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14 Cards in this Set
- Front
- Back
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Key characteristics
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* a distinct beginning and an end
* a predefined outcome * a prespecified time frame * predetermined resources |
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Key characteristic:
a distinct beginning and an end |
Projects are finite. A project schedule identifies definite start and finish dates.
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Key characteristic:
a predefined outcome |
Project outcomes are defined at the beginning of a project. Examples of project outcomes are products, services and programmes.
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Key characteristic:
a prespecified time frame |
Projects are carried out within a planned time frame with definite beginning and end dates. The project schedule identifies when certain activities are to occur and identifies specific milestones, such as key dates for deliverables.
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Key characteristic:
predetermined resources |
Required project resources, such as money, people and materials, are identified before a project starts.
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Common causes of project failure
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* lack of quality control
* inadequate planning and co-ordination of resources * inadequate definition of the roles and responsibilities of project team members * inadequate planning and monitoring for sudden, unexpected changes * insufficient definition of the required outcomes |
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Key components of a good project management method
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* strategic planning
* resource allocation and team management * change management * quality management * risk management * setting thresholds and monitoring metrics |
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These three constraints act as either driving or gating factors for a project.
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time, cost and quality
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Key component:
strategic planning |
provides the directives from which projects are initiated
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Key component:
resource allocation and team management |
ensures that the allocation of specific resources is adequate and effectively managed
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Key component:
change management |
projects create changes that need to be carefully managed
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Key component:
quality management |
combines project management techniques with quality management techniques
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Key component:
risk management |
controlling negative risks (threats) and capturing positive risks (opportunities)
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Key component:
setting thresholds and monitoring metrics |
provides sensors and feedback on the project
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